[WSBARP] Corporate Transparency Act - Unconstitutional

[Jack Grant]

Thanks to all that responded.  Very helpful.

 

Regards

 

Jack

 

From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> On Behalf Of Jack Grant
Sent: Wednesday, April 24, 2024 9:32 AM
To: 'WSBA Real Property Listserv' <wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBARP] Corporate Transparency Act - Unconstitutional

 

Good morning.  Rob Rowley previously sent a link (below) to a case comment in Forbes that the Corporate Transparency Act was ruled unconstitutional by an Alabama Federal District court.  

 

Looking for your thoughts on how to proceed with this ambiguous status of the new law/requirement.

 

Are you advising your clients to not file these beneficial ownership reports until this is all sorted out through the courts? 

 

The penalties for not filing this form are very steep ($10,000??) and also the filing of the 1120 return with IRS requires that the taxpayer verify that they’ll file the related BOI information with the IRS. 

 

Thank you.  

 

Jack

 

The Cross Border Law Firm

Jack H. Grant, P.S. – Attorney at Law

114 West Magnolia Street

4th floor - #136

Bellingham, WA

98225

 

Cell:    604-671-8075

Cell:    360-220-4618

 <http://www.jackgrantlaw.com/> www.jackgrantlaw.com

 

 

From: wsbarp-bounces at lists.wsbarppt.com <mailto:wsbarp-bounces at lists.wsbarppt.com>  <wsbarp-bounces at lists.wsbarppt.com <mailto:wsbarp-bounces at lists.wsbarppt.com> > On Behalf Of Rowley, Rob
Sent: Thursday, March 7, 2024 12:19 PM
To: WSBA RPPT <wsbarp at lists.wsbarppt.com <mailto:wsbarp at lists.wsbarppt.com> >
Subject: [WSBARP] Corporate Transparency Act - Unconstitutional

 

 

https://www.forbes.com/sites/matthewerskine/2024/03/04/corporate-transparency-act-ruled-unconstitutional-by-federal-district-court/?sh=6ff899981d47

 

-- 

Robert R. Rowley

Attorney & Counselor At Law

p: 509.252.5074  m: 509.994.1143

f: 509.519.1406

a: 7 S Howard St, Ste 218, Spokane, WA 99201

w: rowleylegal.com <http://rowleylegal.com>   e: rob at rowleylegal.com <mailto:rob at rowleylegal.com> 

Google Review: https://g.page/r/CTxNMUIBtg1SEAg/review

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